Market News

Bank of Valletta (BOV) announced record-breaking financial results for 2024, achieving a pre-tax profit of €302.4 million, a 20.2% increase from the previous year. This significant growth, attributed to strategic revenue expansion and effective cost management, was presented by BOV’s Chairperson, Dr. Gordon Cordina, CEO Kenneth Farrugia, and CFO Kevin Cardona. A major highlight of […]

APS Bank plc has reported substantial growth in its balance sheet for the year ending December 31, 2024, with total assets reaching €4.2 billion, an increase of €500 million. This expansion was primarily driven by a €314.7 million rise in net loans and advances to customers, alongside a significant increase in customer deposits, which grew […]

BMIT achieved record revenues of €33.6 million in 2024, a 17.2% increase. BMIT achieved record revenues of €33.6 million in 2024, a 17.2% increase (€4.9 million) driven by the full-year contribution from mobile network towers acquired from GO and growth in data center services. However, operating costs rose by 18.9% to €24.6 million, impacting profitability. […]

Driven by upcoming openings, projects, and a commitment to operational efficiency, the Group is poised for significant growth in 2025. Bortex Group Finance plc announced its financial results for the year ending October 31, 2024, reporting a turnover of €23.9 million, EBITDA of €5.2 million, and a profit before tax of €2.1 million. The company’s […]

The IHI Board of Directors has announced the issuance of €35 million in 5.30% unsecured bonds, maturing on April 1, 2035. These bonds will be issued at par (€100 per bond) and redeemed at their nominal value on the maturity date. Priority for Existing Bondholders: Holders of the 5.75% IHI Unsecured Bonds 2025 (ISIN: MT0000111295) […]

Hili Ventures Limited has announced its intention to launch a conditional voluntary public takeover bid to acquire all issued shares of Hili Properties plc. In response, Hili Properties has requested the Malta Financial Services Authority (MFSA) and the Malta Stock Exchange (MSE) to immediately suspend trading of its shares, promising to keep the market informed […]

Malta-based Multitude Bank plc has boosted its ownership in Lea Bank AB to 20.9%. Malta-based Multitude Bank plc has boosted its ownership in Lea Bank AB to 20.9%, solidifying its position as the largest shareholder and strengthening its strategic hold in the Nordic consumer finance market. Multitude AG and Bank CEO, Antti Kumpulainen, stated that […]

The Government of Malta is issuing new Malta Government Stocks. Two options are available: For Retail Investors (Fixed Price): Retail investors can purchase either or both of the following stocks at a pre-announced fixed price: For Wholesale Investors (Auction): Wholesale investors can purchase either or both of the same stocks through a competitive auction: The […]

Frasers Group, the UK-based retail giant known for Sports Direct and House of Fraser, has acquired a substantial 41.98% stake in Malta’s Hudson Holdings Limited. Hudson Holdings operates popular retail chains like Urban Jungle, Urban Bratz, and Hudson Store. They also represent major sports brands such as Nike, Converse, Timberland, New Era, and Intersport, as […]

HSBC Bank Malta plc has announced the agenda for its upcoming Extraordinary General Meeting (EGM), scheduled for Thursday, 13th February 2025, at the Corinthia St George’s Bay in St Julian’s. The primary item on the agenda is a resolution seeking shareholder approval to disclose confidential and unpublished price-sensitive information to potential buyers. This step is […]

The Board of Directors has proposed a recommendation for shareholders at the upcoming Annual General Meeting (AGM) to approve a share buyback programme with the following key details: An explanatory circular will be sent to all shareholders prior to the AGM with further details about the programme. Full-Year Traffic Update Malta International Airport reported a […]

Germany’s inflation surged to an 11-month high of 2.6% in December, exceeding market expectations of 2.4%. Preliminary prints from the Federal Statistical Office, released on Monday by the Federal Statistical Office, saw consumer prices climb from November’s 2.2% increase and surpassing economists’ forecasts of 2.4%. Core inflation also ticked higher to 3.1%. The data sparked […]